DEALINGS IN UNITS DURING THE CLOSED PERIOD OF AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT")
| AXIS REAL ESTATE INVESTMENT TRUST |
| Type | Announcement |
| Subject | DEALINGS IN UNITS DURING THE CLOSED PERIOD OF AXIS REAL ESTATE INVESTMENT TRUST ("AXIS-REIT") |
| Contents | Reference is made to the announcement released on 31 October 2008 on behalf of Alex Lee Lao, the Alternate Director of Axis REIT Managers Berhad ("ARMB" or "Company"), the management company of Axis-REIT, on the Proposed Dealings in Units during Closed Period. Pursuant to Paragraph 14.08(c) of the Listing Requirements of Bursa Malaysia Securities Berhad, ARMB wishes to inform that Alex Lee Lao has dealt in the units of Axis-REIT during closed period. The details of the dealings are as follows:- a) Date of Dealings : 4 November 2008 b) Consideration Price : RM1.37/unit c) No. of units disposed and % : 2,000,000 (0.78%) [direct] d) Balance of units: (please refer to the table above) |
Name of Alternate Director | Direct | Indirect | ||
 | No. of Units | % | No. of Units | % |
Alex Lee Lao |
| 4.96 |
| 14.24 |
* Deemed interested through his shareholdings in Axis Equities Sdn Bhd^, Crystal Properties Sdn Bhd (in members' voluntary liquidation) and Prestigious Landmarks Sdn Bhd (in members' voluntary liquidation), both are unitholders of Axis-REIT, and interest held by his brothers, Lao, Yin Yong Lee and Leon Lee Lao.
^ Axis Equities Sdn Bhd is the ultimate holding company of T.S. Property Development Sdn Bhd. T.S. Property Development Sdn Bhd has a substantial interest in Axis Development Sdn Bhd which in turn has substantial interest in Baiduri Kemas Sdn Bhd, a substantial unitholder of Axis-REIT
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 4 Nov 2008 |
| Category | General Announcement |
| Reference No | CCS-081104-6C1D4 |
